Thursday, 12 November 2026 IPO data updated 11 minutes ago

NVIDIA Hit by Double Blow! Lawsuit Against CEO Jensen Huang, $190 Billion Wiped Off Market Value

NVIDIA Hit by Double Blow! Lawsuit Against CEO Jensen Huang, $190 Billion Wiped Off Market Value

NVIDIA and its CEO Jensen Huang are facing fresh scrutiny in the US following a shareholder class-action lawsuit against the company.

On November 9, 2026, NVIDIA shares fell 4.3%, resulting in an estimated $190 billion decline in the company's market value.

The company is also dealing with controversy surrounding foreign intelligence allegations, prompting its Board of Directors to launch an independent investigation.

According to NVIDIA's Board, there is currently no evidence that company trade secrets or US national security have been compromised.

Investors and the global technology industry are now closely watching the investigation and its potential implications for NVIDIA.

This news is for information only and is not investment advice. Please do your own research before making investment decisions.